Call reports 2003
APEX BANKING COMPANY OF GEORGIA — 2003
What APEX BANKING COMPANY OF GEORGIA reported to the FFIEC in 2003, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Total assets | 36,422,000 | 34,551,000 | 34,111,000 | 39,570,000 |
| Total loans | 7,471,000 | 7,591,000 | 7,552,000 | 7,508,000 |
| Allowance for loan losses | 136,000 | 136,000 | 133,000 | 138,000 |
| Securities available for sale | 17,730,000 | 19,050,000 | 18,484,000 | 19,899,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 30,734,000 | 28,855,000 | 28,674,000 | 34,257,000 |
| Interest-bearing deposits | 25,046,000 | 23,429,000 | 23,828,000 | 28,779,000 |
| Noninterest-bearing deposits | 5,688,000 | 5,426,000 | 4,846,000 | 5,478,000 |
| Equity capital | 5,430,000 | 5,435,000 | 5,281,000 | 5,214,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Interest income | 343,000 | 681,000 | 1,011,000 | 1,348,000 |
| Interest expense | 100,000 | 190,000 | 261,000 | 329,000 |
| Net interest income | 243,000 | 491,000 | 750,000 | 1,019,000 |
| Noninterest income | 44,000 | 88,000 | 135,000 | 186,000 |
| Noninterest expense | 190,000 | 375,000 | 566,000 | 776,000 |
| Provision for loan losses | 0 | 0 | 0 | 5,000 |
| Pretax income | 102,000 | 209,000 | 324,000 | 429,000 |
| Income tax | 33,000 | 69,000 | 107,000 | 142,000 |
| Net income | 69,000 | 140,000 | 217,000 | 287,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2003Q1 | 2003Q2 | 2003Q3 | 2003Q4 |
|---|---|---|---|---|
| Tier 1 capital | 5,188,000 | 5,131,000 | 5,208,000 | 5,150,000 |
| Total capital | 5,324,000 | 5,267,000 | 5,341,000 | 5,288,000 |
| Risk-weighted assets | 13,560,000 | 12,898,000 | 12,893,000 | 16,444,000 |